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1992-082
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1992-082
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Last modified
2/26/2021 1:23:51 PM
Creation date
8/13/2020 12:01:19 PM
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Resolutions
Resolution Number
1992-082
Approved Date
06/09/1992
Entity Name
Florida Department of Transportation FDOT
Subject
Authorizing the Chairman to execute a joint participation agmt. with
FDOT for continuation of Signal System Group 1 in INDIAN RIVER COUNTY
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WPI No. 4125343 <br />Page 5 of 8 <br />PROJECT, and certain supplemental agreements and claims. Should the COUNTY fail to <br />Provide funds for the PROJECT and the contingency fund according to this AGREEMENT, the <br />DEPARTMENT shall have the right to reject all bids for the construction of the PROJECT and <br />discontinue its participation in the PROJECT. <br />7. This Agreement or any interest herein shall not be assigned, transferred or otherwise <br />encumbered by the COUNTY under any circumstances without the prior written consent of the <br />DEPARTMENT. However, this Agreement shall run to the DEPARTMENT and its <br />successors. <br />8. This Agreement shall continue in effect and be binding to both the COUNTY and the <br />DEPARTMENT until the project is completed and if applicable, appropriate reimbursements <br />are made. <br />9. In the event this Agreement is in excess of Twenty-five thousand dollars ($25,000.00) and has a <br />term for a period of more than one year, the provisions of Chapter 339.135(7)(a), Florida <br />Statutes are hereby incorporated. <br />"The department, during any fiscal year, shall not expend money, incur any liability, or enter <br />into any contract which, by its terms, involves the expenditure of money in excess of the <br />amounts budgeted as available for expenditure during such fiscal year. Any contract, verbal or <br />written, made in violation of this subsection shall be null and void, and no money may be paid <br />on such contract. The department shall require a statement from the Comptroller of the <br />department that funds are available prior to entering into any such contract or other binding <br />commitment of funds. Nothing herein contained shall prevent the making of contracts for <br />periods exceeding one year, but any contract so made shall be executory only for the value of <br />the services to be rendered or agreed to be paid for in succeeding fiscal years; and this <br />paragraph shall be incorporated verbatim in all contracts of the department which are for an <br />amount in excess of $25,000.00 and which have a term for a period of more than one year." <br />
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